In 1889 he became the Queen's and Lord Treasurer's Remembrancer (an office of the Court of the Exchequer which was originally concerned with the recovery of dues, penalties and debts owed to the Crown.)

Completing its project commitments while incurring heavy losses and unable to clear its debts, the company was auctioned by the Maharashtra government in 1982 for recovery of dues and was acquired by the RPG Group and in 1984, renamed KEC International.